Ripple’s XRP has regained market attention as momentum builds around the potential approval of a U.S.-based Spot ETF. With the regulatory climate shifting and institutional interest expanding, XRP is inching closer to what could be a pivotal moment in its history. As anticipation rises, analysts and investors alike are looking at price levels, macroeconomic influences, and strategic developments that could shape XRP’s trajectory for the rest of 2025.

In a recent discussion with Thinking Crypto, Bitwise Chief Investment Officer Matt Hougan revealed that approvals for XRP and Solana ETFs could be imminent, possibly arriving as early as July. With the official SEC deadlines for many applications approaching in October, the market is already reacting in anticipation. More than ten XRP ETF applications are currently under review by regulators, including high-profile filings from Bitwise, Grayscale, 21Shares, Franklin Templeton, and Canary. If any one of these gets the green light, it could serve as a major catalyst for XRP’s price.

Technically speaking, XRP has maintained relative price stability even as speculation swirls. Buying interest appears to be picking up, but a decisive breakout has yet to occur. Market analysts are watching the $2.26 to $2.45 zone closely. This price band has acted as a resistance level in recent months, and a sustained move above this range could trigger a larger rally. While Ripple’s move to secure a U.S. national banking license has added long-term credibility to the project, it hasn’t fueled a short-term surge. Instead, traders remain cautiously optimistic, waiting for a definitive market signal.

In the short term, broader macroeconomic data could sway crypto sentiment. Key economic indicators from the United States, including unemployment rates and inflation figures, are expected to influence risk appetite in the coming days. A favorable macro backdrop, combined with ETF-related news, could align perfectly for a breakout scenario.

Among the boldest voices in the XRP space is crypto analyst Casi Trades, who has laid out an ambitious forecast. According to her, XRP has the potential to reach $6.50 in the near future, with the possibility of climbing to $8 as early profit targets are hit. If market momentum holds, especially following a successful ETF approval, Casi believes that XRP could even challenge the $13 barrier. In an extended bull run scenario, she envisions a potential high of $26 before the end of 2025.

While this outlook may seem overly optimistic to some, it aligns with historical patterns where crypto assets have surged following regulatory breakthroughs and institutional entry. If XRP successfully captures ETF flows, similar to what Bitcoin experienced earlier in 2025, these projections could be within reach. That said, Casi emphasized that achieving the $20 mark within the next 18 months would depend heavily on XRP maintaining strength during the broader crypto market’s next major rally.

Looking ahead, XRP’s immediate future rests on two critical pillars: ETF approvals and overall market sentiment shaped by economic data. The approval of a Spot XRP ETF would signal a watershed moment for Ripple, validating years of legal and regulatory battles. Such a move would likely attract significant institutional capital and renewed retail interest, leading to increased liquidity and potentially higher price discovery.

Meanwhile, investors should keep an eye on the upcoming economic data releases and central bank policy direction, as they will heavily influence risk asset performance. If inflation remains contained and interest rate expectations ease, crypto assets like XRP could benefit from a shift back toward risk-on sentiment.

In conclusion, XRP stands at the threshold of a possible breakout era. While its current price action reflects cautious optimism, the approval of one or more ETF applications could be the catalyst that propels it toward new highs. Combined with strategic moves like banking licensure and a favorable macro environment, XRP has the ingredients for significant growth. However, as with any market opportunity, timing and patience will be key in navigating the next phase of XRP’s evolution.